Nigeria seeds N500m for software development
SOFTWARE| Nov. 12, 2012, 8:56 p.m.
By Kokumo Goodie, Lagos, Nigeria
The Federal Government of Nigeria has taken a bold step toward ensuring that the ICT sector contributes significantly to gross domestic product (GDP) of the nation.
The government said it has seeded N500 million as part of the USD15m Technology Venture Capital Fund required to grow the nation's local software sector through a software incubation programmes across the country.
Addressing a forum on software incubation in Lagos, the Minister of Communications Technology, Mrs. Omobola Johnson, said the N500m would be seeded through the Nigeria Information Technology Development Fund (NITDEF), stressing that the government seed fund would attract the remaining USD12 million from investors both locally and internationally.
She said it is part of efforts to grow the software sub-sector of the ICT industry and make it contribute substantially to to the GDP, adding that the pilot project will be established in Lagos and Calabar, the Cross River State capital.
Johnson said the e-Learning Centre would host the software incubation centre in Lagos while Tinapa Knowledge City would house the Cross River State Innovation centre.
Rather than being government-owned, the minister said the innovation centres would be 'government-inspired' or 'government- catalysed' but would eventually be run by a non profit organisation to be set up soon.
According to her, government would initially provide the enabling environment for the proper take off of the incubation centres and later step aside and allow the centres to have lives of their own.
Specifically, the minister said the software incubation programme would initially be government-funded with the aim of attracting more investors in the long run.
Johnson said Lagos and Calabar would serve as pilots, stating that the Lagos Innovation Centre would take off before the end of the year.
"We have chosen two different locations for test pilots. We will deliver Lagos by year end or early next year. Calabar will be delivered by end of the first quarter of 2013," the minister romised.
Ms. Helen Anatogu, programme manager in charge of the implementation of the software incubation programme, in a presentation, revealed that the Federal Government planned to have established six incubation software incubation centres by the end of 2015.
Some of the potential locations for other software incubation centres, according to the presentation, include Abeokuta, Enugu, Ife and Abuja which she said were chosen based on parameters like presence of large students and availability of tertiary institutions in the areas.
The focus of the software incubation programme and centres, according to her, include enterprise software development, linguistic software, custom programming, mobile software, business intelligence and gaming.
Essentially targeted at students, start-ups and software development companies, she disclosed that the programme would offer business and technological training, access to software development tools at no cost, use of facilities and computer resources for development purposes, mentoring, assistance with marketing and promotion, as well as access to finance.
According to her the models adopted were adapted from that of Egypt, India, US and Kenya.
MORE SOFTWARE NEWS
MTN Business partners SMEasy to give entrepreneurs access to easy accounting solutionsMTN Business, in partnership with online accounting tool SMEasy, today announced the launch of an agile, fit for purpose business management and easy accounting solution for small business owners in Kenya – with other markets to follow. Read More
You need to integrate your business solutions. Here’s whyBy integrating business processes and systems, organisations can reduce manual administration and free up time to spend on more value-adding activities, says Sage. Read More
Networks Unlimited event highlights SimpliVity's new Omnistack SoftwareLeading data protection focused distributor invites hyperconverged vendor to discuss disaster recovery and data protection. Read More
Arbor Networks APS earns recommended rating and highest score for Overall Security EffectivenessThe Arbor Networks APS 2800 on-premise distributed denial-of-service (DDoS) protection solution earned a “Recommended” rating and the highest Overall Security Effectiveness score in the first ever NSS Labs’ DDoS Prevention Test Report. Read More
Arbor Networks APS earns recommended rating and highest score in new NSS Labs DDoS Test ReportArbor Networks Inc., the security division of NETSCOUT, has announced that the Arbor Networks APS 2800 on-premise distributed denial-of-service (DDoS) protection solution earned a “Recommended” rating and the highest Overall Security Effectiveness score in the first ever NSS Labs’ DDoS Prevention Test Report. Read More
ProLabs announces range of multicode products compatible with key OEMsProLabs, the leading global provider of network infrastructure and connectivity products, has announced the launch of a new range of multicode compatible optical transceivers. Read More
Agron boosts salesforce with mobile CRM from Sage EnterpriseAgron, one of the leading providers of fertiliser to South Africa’s agricultural sector, has implemented the Sage CRM solution from Sage Enterprise. Read More
Ecowize boosts business efficiency by migrating to Sage 300Ecowize, one of South Africa’s leading hygiene and sanitation service providers, has improved productivity and efficiency by implementing the Sage 300 business management system. Read More
Meatco deploys Sage X3Meat Corporation of Namibia (Meatco) has implemented the Sage X3 business management solution as part of its strategy to streamline its business by consolidating, automating and integrating its systems and processes. Read More
B.Braun takes charge of production planning with Sage 300 ManufacturingB.Braun Medical Products South Africa, a leading manufacturer of medical products, has implemented Sage 300 Manufacturing and Production Planning modules in an effort to streamline and automate its business processes. Read More
FEATURED STORYGovernment should encourage youths in ICT early
Youths should be given more encouragement to develop their ICT skills, an 11-year-old app developer told Kokumo Goodie.
BEST READ NEWS
IN DEPTHIBM Opens First Cloud Data Centre in South Africa
IBM is opening a new IBM Cloud Data Centre in Johannesburg, South Africa. The new cloud center is the result of a close collaboration with Gijima and Vodacom and is designed to support cloud adoption and customer demand across the continent.
COMPANY NEWSTigo Business – Building trusted business partner relationships with clients
Tigo Business has increased and empowered its account management team to improve its overall customer service experience.